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/biz/ - Business & Finance

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52822718 No.52822718 [Reply] [Original]

5k to buy cryptos NOW

come on anons, recommend me only the BEST

>> No.52822772

>>52822718
FTM

>> No.52822786

Im in the same boat as you.
Trying to save up like 15K
then to buy either BTC/BNB/RUNE/AVAX

>> No.52822806

>>52822718
Icp
Xmr

>> No.52822864

>>52822718
My best recommendation is this: keep your money and don't bother with any cryptocurrency. I have told everyone from the very start of this that this is the purest Greater Fool game I've ever seen and it is being proven true. The Federal Reserve has raised rates high enough that people can get a decent return on cash (about 4.5% for 1-year Treasury bills). That is enough yield that some money that may have gone into cryptocurrencies will not.

Beyond that, though, the Federal Reserve is removing approximately $100B every month from the economy. The rising prices of cryptocurrencies are a pyramid scheme albeit one that is less obvious than classic pyramic schemes such as "mailing lists". I suspect that the cryptocurrencies will crater like all other bubbles crater: the riskiest, junkiest ones will die will people flood into the "quality" cryptocurrencies (Bitcoin, Ethereum). However, in the end, even the "sure-thing" Bitcoin and Ethereum will also crater as people panic sell.

At least three major crypto coins/companies have gone bust this year as the tides of liquidity ebb. More busts are likely on the horizon.

>> No.52822983
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52822983

>>52822718
You know, the best is BRB (BerylBit). Own mainnet, mineable, constant development, accessible dev, price fall during crypto winter was less meaningful than BTC fall. Extremely profitable. I can't think of anything better than this.

>> No.52823064
File: 247 KB, 5025x5128, STA.png [View same] [iqdb] [saucenao] [google]
52823064

>>52822718
You can buy your make-it stack(500k STA) for $2.5k.

>> No.52823145

>>52822718
berylbit

>> No.52823164

Shiba Inu.

>> No.52823208
File: 33 KB, 557x551, 1670781350345654.jpg [View same] [iqdb] [saucenao] [google]
52823208

>>52822718
hi, i'm a berylbit holder, can i help you?

>> No.52823272
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52823272

>>52822718
BRB
based token

>> No.52823318

>>52823164
scam

>> No.52823336

>>52822718
GNS looks like it might break out soon for a 2-3x

>> No.52823354

>>52822864

crypto has some financial services applications. 90% are junk but some are actually productivity enhancing services


To answer OP buy a top 10 crypto ETF. You dont need to worry about which shitcoin rises or falls you know that your money just went to a sector which went down 80% last year so the risk is mitigated somehow

>> No.52823463

Buy Monero. The only private currency. The IRS, NSA, FBI, CIA, Five Eyes, 15 eyes can't see your money. Plus no tax.
Monero is the only currency. It is not stock like other cryptos. Monero is the only crypto*currency* out there.

>>52823145
>>52823208
>>52823272
Scam

>> No.52823559
File: 40 KB, 768x432, Shiba-inu-768x432.jpg [View same] [iqdb] [saucenao] [google]
52823559

>>52823318